logo

Business and Professional Ethics

   

Added on  2023-01-16

9 Pages2316 Words62 Views
Running head: Business and professional ethics 1
Business and professional ethics
Students Name
Institutional Affiliation
Business and Professional Ethics_1
Business and Professional ethics 2
Question 1.
A noxious market primarily refers to a market deemed morally objectionable. Noxious
markets create negative perceptions and feelings in people and hence are not accepted as
legitimate particularly due to the commodities exchanged (Brown, 2019). Different issues may
contribute to the making of noxious markets and one of the includes weak agency. A weak
agency in this context involves the presence of poor and limited information which leads to
limited decision making in a noxious market (Goldman, 2012). In prostitution, the prostitutes
may be considered as weak agents since they do not control or trade their labor. Some are very
young, and some of the prostitutes are under the control of other people who make the decisions
of what they do or who they sleep with. In addition, people involved in the prostitution markets
are typically poor and vulnerable, and therefore, the noxious market harms the society since it
takes advantage of their lack of education and poverty.
Question 2.
First, we have an example of human billboards. Young women are at times eager to
expose their thighs through wearing short skirt and shorts (Mascheroni, Vincent, & Jimenez,
2015). For some young women, wearing short clothes is an act of fashion and hence, they may
not care who's looking at them. Therefore, being paid to wear sticker advertisements on their
thighs can be considered morally permissible. Second, we have an example on watch my GF.
Watch my GF is a subscription website where nude and sexual pictures are freely submitted by
men who want to humiliate their exes (Brennan & Jaworski, 2015). Therefore, since men post
the pictures voluntarily, they can also be willing to sell the pictures. Thus, this noxious market is
morally permissible.
Business and Professional Ethics_2
Business and Professional ethics 3
Third, we have an example of prostitution. Prostitution has always been a way of making
money and cannot be free. It’s a way of buying sex. Therefore, if prostitution cannot be morally
offered for free, it should not be morally sold; hence the prostitution market is morally
impermissible. Fourth, we have an example of what’s your price. This is a dating website that
operates on the basis that one must pay to go with a date with someone else (Brennan &
Jaworski, 2015). For instance, the reason the 22-year old student posted the image of her in a
bikini is to attract people in order to get more offers. Therefore, this noxious market is morally
impermissible.
Fifth, we have an example on wigs. Most wigs are made from real human hair majorly
from poor women in third world countries (Brennan & Jaworski, 2015). Hair is a treasured asset
for most woman; however, the reason they sell their hair is because they need money. This
means they may never morally do it for free. Therefore, this noxious market is morally
impermissible. Sixth, we have an example of an airport express lane. In airport queues, not
everyone is treated the same when it comes to early boarding of the plane. This means one has to
pay extra or be a first-class passenger in order to access the expedited security lines for early
boarding. Therefore, the service cannot be offered for free and hence it's morally impermissible.
Seventh, we have an example on human eggs and pregnancy surrogacy. On this example,
if a person is willing to offer the infertile couple the human eggs for free, then the sale would be
considered morally permissible. However, since they are seeking to buy from someone, this act
is considered morally impermissible. Eighth, we have an example of the greatest movie ever
sold. Tony Stark, the fictional movie billionaire, often drives Audi rather than Bugatti or Aston
Martin because the Audi brand in the movie is a form of paid product placement (Brennan &
Jaworski, 2015). This means the movie cannot offer product placement for free since it needs to
Business and Professional Ethics_3

End of preview

Want to access all the pages? Upload your documents or become a member.